ladora - you said "I have put all my saving in to NDO from 1.3c to 6c each"
why did you do that?
As much (or lately as little) as it gets talked about around here I think most posters on this thread have been genuine and pointed out the risks vs potential rewards going back quite some time.
No one should ever put all their savings in such a stock such as this. When you boil it all down, the profile of Nido and its assets has been lifted. David Whitby has done a great job since he came on board - no complaints from me on that front - the guy has been the 'messaih' from a 1.4 cents price point of view when he came on board.
Unfortunately - oil is still above $50 bucks and no deal is closed on Galoc and a lot of investors have lost confidence and find that hard to swallow. Why does it take so long to reach a decision on 3 supposed proposals for a Galoc development????????
Why did Nido just have their worst week in a long time when such news was presented??? Lets not kid ourselves on the sector and market sentiment - sure it is a factor and in my opinion in bull markets is worth 50%. However, there is more to it than this - we have an extremely good communicator in Whitby compared to previous people - but still no deal!
Why? Stuffed if I know?
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